United States Seventh Circuit

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ASHER v. BAXTER INT'L INC., 03-3189

Dismissal of plaintiff's complaint, alleging material misleading of projections by defendant, under Fed. R. Civ. P 12(b)(6) is reversed where the issue of whether defendant overstated results cannot be determined on the pleadings, even with supplemented documents defendant filed with the SEC.

Appellate Information

  • Argued 01/22/2004
  • Decided 07/29/2004
  • Published 07/29/2004

Judges

  • EASTERBROOK, Circuit Judge., Before EASTERBROOK, MANION, and ROVNER, Circuit Judges.

Court

  • United States Seventh Circuit

Counsel

  • For Appellant:
  • Barry A. Weprin (argued), Milberg, Weiss, Bershad & Schulman, New York, NY, for Plaintiffs-Appellants.

  • For Appellees:
  • Matthew R. Kipp (argued), Skadden, Arps, Slate, Meagher & Flom, Chicago, IL, for Defendants-Appellees.